Meet a startups that only pitched during EF’s 8th Demo Day in London

Entrepreneur First (EF), a association builder and “talent first” investor, has only hold Demo Day for a eighth London cohort, saying 14 newly shaped startups representation their things onstage to investors, press and other actors in a European tech scene. What’s utterly engaging about EF is that it backs people “pre-team, pre-idea” — definition that, as distant as we understand, nothing of these companies existed only 6 months ago.

Taking a theatre during King’s Place in London’s King Cross area, EF founders Matt Clifford and Alice Bentinck sounded in utterly expansive mood as they introduced a pitching startups, prohibited on a heels of a association builder lifting $12.4 million in new appropriation led by Silicon Valley’s Greylock Partners.

That fundraise — that is for operational costs and apart from EF’s investment account — sees Greylock partner and co-founder of LinkedIn Reid Hoffman join a board. In a call progressing this week, Hoffman described EF, that along with London also runs a module in Singapore, as a “great indication for formulating new, low tech companies on an incubation basis.”

To date, EF says it has helped some-more than 500 people on a program, who have built some-more than 100 companies with a sum (mostly on paper) gratefulness surpassing $1 billion. As distant as we know, it doesn’t mangle out additional numbers per a fundraising success rate of a startups or how many, if any, no longer exist to this day. Now into a sixth year, a module has been regulating prolonged adequate to make that information engaging and potentially utterly meaningful, nonetheless it is also value gripping in mind that EF has iterated and grown utterly a lot given those common conspirator one and dual beginnings.

Before we deliver a companies that pitched today, here’s a discerning sign of how EF works: The association builder targets technical and domain talent, both new graduates and also people already operative during tech companies, and invites them to request to a six-month module where they find co-founders and in spin found startups. The module includes financial support in a form of a monthly contribution for vital costs while founders find their co-founders and confirm on an idea.

This is afterwards followed by pre-seed funding, in further to bureau space, authorised and executive support and mentoring and recommendation from a EF group and outmost entrepreneurs from a wider U.K. and Singapore startup scene. There’s also a apart follow-on account to co-invest in alumni companies during a seed and Series A stage.

As ever — nonetheless it’s tough to unequivocally decider these things formed on 3-4 notation presentations alone — a pitching startups were impressive, with lots of importance on supposed low tech. A clear thesis this year was a intensity to brew hardware sensors and appurtenance training to make predictions that solve specific attention or governmental problems during scale and in a approach that isn’t probable by humans alone.

My unconditionally unscientific picks of a garland were Mobilus Labs, since bone conduction communication is only cool; Kiroku, that has a intensity to solve a studious record gripping beyond faced by medical staff, starting with dentists; and Sensum, that is building a program height joined with off-the-shelf hardware to detect and forestall beforehand childbirth.

The full list of presenting teams (in their possess words)

Metis Labs
Metis Labs is ubiquitous comprehension for industrial systems.

Kiroku is capturing a value of consultant conversation.

Kue reinvents consumer credit and changes how we purchase.

Robik AI
Robik AI builds unconstrained vehicles to condense a cost of last-mile delivery.

Migacore Technologies
Migacore Technologies uses online signals to improved envision transport demand.

Machine Medicine
Machine Medicine uses mechanism prophesy to envision and forestall falls before they happen.

Mobilus Labs
Mobilus Labs is a hands-free, ear-free voice platform.

A quantum jump in drug discovery.

Agrosight detects plant diseases early regulating hyper-spectral signals, dramatically shortening a cost of food production.

Sensum Technologies
Sensum Technologies uses modernized statistical and appurtenance training algorithms to envision and forestall preterm birth.

CargoMate Technologies
CargoMate Technologies saves millions in fuel costs by assisting enclosure ships leave pier early.

ConnectMed is plugging a primary medical opening in building countries.

Portify is building a infrastructure for a destiny of work.

Resurgo Genetics
Resurgo Genetics is building a concept apparatus to precisely change any vital system.

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Posted by on Sep 15 2017. Filed under Startups. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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